One of the biggest questions we get from our clients is, “How much does corporate housing cost?”
We love this question because it shows that you’re ready to take your career to the next level. But it can be hard to answer! There are so many different options for corporate housing, and each option has its rate structure.
So, we wrote this guide to help you understand what kind of costs you might expect when looking into corporate lodging.
Types of Corporate Housing
Before we dive into comparing the cost of corporate housing with typical corporate hotel prices, let’s look at different types.
They each offer something different in amenities, comfort, and personal preference.
Extended Stay Hotels
Some hotels on the Extended Stay America network have amenities like pools and fitness centers. Rooms come with a microwave, full-sized fridge, WiFi, and laundry facilities for long-term stays. Corporate lodging rates depend on the hotel itself and the area.
Stay smart and travel light with traditional hotels. You’ll feel right at home with on-site restaurants, daily housekeeping, and 24/7 front desk service. If you’re not with your company’s housing team, rewards programs are great ways to book the perfect stay. With a wide variety of styles and locations worldwide, there’s a hotel for every occasion.
Rental Homes and Apartments
Rental homes and apartments offer many different options for your temporary housing needs. Quickly find housing near your office, or search for the perfect corporate apartment with great amenities like a pool or community park. You may be looking specifically for pet-friendly corporate housing or housing for your family. Before you book, make a list of what’s most important to you. You can fine-tune your selection and find your perfect place to call home.
Corporate Hotel price Vs. Alternate Corporate Housing
As we have covered, different types of corporate rentals now dive into their price structure. So let’s start;
Corporate Hotel Price
Corporate hotels are available in various sizes, styles, and locations. Rates vary depending on the company size and type of lodging you choose. Many hotels require you to show a corporate card to get corporate rates. Several reward programs are available for business travelers that can save you money when you stay at some of the most popular hotel chains.
Cost of Alternative Corporate Housing
With an apartment rental, you can enjoy a unique corporate housing alternative. Whether you want to live in the heart of a city, in the middle of a community, or next to nature, apartment rentals offer short-term and long-term housing alternatives that are decidedly more cost-effective than traditional hotels and extended stay hotels. A corporate apartment also comes with a plethora of benefits. You might have access to a dishwasher, washer, dryer, and room service occasionally, unlike a hotel!